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06-30-2014, 01:13 PM | #1 | |
Zilvia Junkie
Join Date: Oct 2012
Location: Irvine, CA
Age: 36
Posts: 490
Trader Rating: (5)
Feedback Score: 5 reviews
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Property prices in my area are very low currently, it's a great time to buy, really.
This, although about 2 hrs away and a different market, is still a really good example: Quote:
If I had a SO to split bills with, I would most definitely purchase a house. However, I have worked in the foreclosure and bankruptcy field of law for 7 years now (always defending the creditors) and it's a little scary to imagine having that burden. But then again, people here are getting away with not paying their mortgages for years. Like, literally enough time to save enough money for a down payment on a new place. Also, as someone mentioned about how all people are concerned about is image, you are totally right dude! You would not believe how many people are in bankruptcy with BMW's, or 3 or 4 cars...even 3 or 4 properties. You can actually get away with a lot right now if you are willing to go through bankruptcy....lien strips and cramdowns are ridiculous |
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06-30-2014, 01:19 PM | #2 | |
Nissanaholic!
Join Date: May 2010
Location: lake mary, Fl
Age: 36
Posts: 1,954
Trader Rating: (26)
Feedback Score: 26 reviews
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Quote:
2 car garage and at least 2 beds were what we wanted. the company who owned our house and redid it all bought it at auction for 66k, slapped some paint on it and fixed a few things, and sold it. I would have liked to get it evne cheaper, but as it is most of my friends hate how "cheap" our house is.
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